Tea in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $432k in Tea, making it the 96th largest exporter of Tea in the world. At the same year, Tea was the 684th most exported product in Philippines. The main destination of Tea exports from Philippines are: United States ($155k), Canada ($85.5k), Nigeria ($48.2k), Kuwait ($30.1k), and United Arab Emirates ($26.1k).

The fastest growing export markets for Tea of Philippines between 2021 and 2022 were Nigeria ($47.9k), Kuwait ($29.9k), and United States ($27.2k).

Imports In 2022, Philippines imported $18.5M in Tea, becoming the 64th largest importer of Tea in the world. At the same year, Tea was the 592nd most imported product in Philippines. Philippines imports Tea primarily from: Chinese Taipei ($3.73M), Indonesia ($2.79M), Vietnam ($2.62M), Japan ($1.92M), and Sri Lanka ($1.76M).

The fastest growing import markets in Tea for Philippines between 2021 and 2022 were Japan ($1.68M), Sri Lanka ($904k), and China ($610k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Tea from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Tea exports accounted up to $7.27k and imports accounted up to $629k, resulting in a negative trade balance of $622k. Between December 2019 and August 2021 the exports of Philippines' Tea have decreased by $-5.97k (-45.1%) from $13.2k to $7.27k, while imports decreased by $-108k (-14.6%) from $737k to $629k.

Destinations In August 2021, Tea were exported mostly to United Arab Emirates ($6.98k) and Singapore ($288), and were imported mostly from Vietnam ($217k), Indonesia ($204k), India ($62.6k), United Arab Emirates ($30.7k), and China ($30.4k).

Growth In August 2021, the decrease in Tea's year-by-year exports was explained primarily by a decrease in exports to . In August 2021, the decrease in Tea's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-214k or -98.7%), Indonesia ($-87.4k or -34.5%), and Sri Lanka ($-70.3k or -45.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2019 - August 2021)$-5.97k(-45.1%)

IMPORT GROWTH (August 2020 - August 2021)$-108k(-14.6%)

MAIN DESTINATION (August 2021)United Arab Emirates$6.98k

This section shows Tea's exports and imports data at subnational level for Philippines. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tea over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$432k

IMPORTS (2022)$18.5M

NET TRADE (2022)-$18.1M

In 2022, Philippines exported $432k in Tea. The main destinations of Philippines exports on Tea were United States ($155k), Canada ($85.5k), Nigeria ($48.2k), Kuwait ($30.1k), and United Arab Emirates ($26.1k).

In 2022, Philippines imported $18.5M in Tea, mainly from Chinese Taipei ($3.73M), Indonesia ($2.79M), Vietnam ($2.62M), Japan ($1.92M), and Sri Lanka ($1.76M).

Explore Visualizations